Multiple Choice
You randomly select a sample of n = 16 organizations. For this sample, the standard deviation is 8. To calculate a 99% confidence interval, which of the following formulas would you use?
A) x̄ ± 1.753 * 2
B) x̄ ± 2.131 * 2
C) x̄ ± 1.753 * 0.5
D) x̄ ± 2.131 * 0.5
Correct Answer:
Verified
Correct Answer:
Verified
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